Established Daycare/144 Children Capacity

Manassas, VA (Prince William County)

Seller Financing Available
Established Daycare/144 Children Capacity

Asking Price:$195,000

Cash Flow:$58,000

Gross Revenue:$440,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Lease Rate:$8,595 /SF/Month

Established:2007

Established Daycare/144 Children Capacity

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Business Description

Daycare licence for 144 kids with owner finance

This is an excellent opportunity for an experienced operator. Cost to build out a new 15,000 square foot daycare could easily cost as much as $750,000 ($50/foot). Business has a very stable 5 years sales history ($440,000 a year). But there is still lots of room to grow. Business is listed at $195,000. WE'VE ALREADY HAD SEVERAL OFFERS IN THE $150,000 RANGE. SELLER WILL DO A DEAL AT $175,000 WITH SOME OWNER FINANCING. For additional information, contact Mike at 301-675-1292 or mike@saedlogroup.com

Detailed Information

Real Estate:
Leased
Building SF:
15,000
Lease Expiration:
7/1/2027
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A 15,000 square foot free standing building located on a busy highway with excellent road visibility, plenty of parking, private, secured playground and outside storage. Rent is only $7.25/sq ft ($8,595 a month). Daycare is licensed for 144 children from infants to 12 years old.
Competition:
No new daycare centers opening in the area that we know of.
Growth & Expansion:
Current owner has operated at best at a 40% capacity. A more experienced daycare operator with excellent marketing skills could get the capacity up to even 85% it would be grossing nearly $1M a year!!
Financing:
yes to be determined
Support & Training:
30 days if needed. Seller will also continue taking a "job position" with the new owner.
Reason for Selling:
Health (discuss with broker)

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mike saedlo

Business Listed By:
Mike Saedlo

Mike Saedlo Group, LLC

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